Goal and Performance Highlights

Supporting the SDGs Goals

Goal 5:
Gender Equality
Goal 10:
Reduced inequalities
Goal 16:
Peace, justice and strong institutions
Goal 17:
Partnerships for the goals

Stakeholders Directly Impacted

Employees

Challenges and Opportunities

Sikarin Public Company Limited faces challenges in managing labor within the healthcare industry, where fairness must be a core consideration due to the high demand for skilled professionals and working hours that could impact employees’ quality of life. The industry must also address expectations from stakeholders, including investors, regulatory agencies, and sustainability rating organizations, all of whom place significant importance on human rights disclosures and labor practices, as well as on managing risks related to labor rights violations. Creating a diverse and equitable working environment remains a challenge. While there is increasing acceptance of gender, racial, age, and physical ability diversity, developing an organizational culture that genuinely embraces and practices equality still requires ongoing advancement.

Nonetheless, Sikarin Public Company Limited sees opportunities to lead in fair labor practices, which would help foster a positive work environment, reduce employee turnover, and enhance the Company’s competitiveness in attracting top talent. Having clear human rights standards and strictly adhering to ethical business practices further strengthens the Company’s reputation as a socially responsible organization and builds trust among all stakeholder groups. Additionally, promoting diversity and inclusion helps elevate the organizational culture, enabling employees to collaborate effectively and encouraging innovation that drives long-term sustainable development.

Management Approach and Value Creation

Sikarin Public Company Limited is committed to protecting and promoting human rights and fair labor practices across all aspects of its business operations. The Company adheres to international standards such as the Universal Declaration of Human Rights (UDHR), the United Nations Guiding Principles on Business and Human Rights (UNGPs), and the conventions of the International Labour Organization (ILO) to ensure that its business operations promote fairness, safety, and respect for the dignity of all employees. Sikarin emphasizes fair treatment of employees by providing appropriate compensation and benefits, supporting freedom of association, and preventing child labor, forced labor, and discrimination in employment practices.

The Company places strong importance on promoting the physical and mental well-being of its employees by implementing occupational health and safety training programs and encouraging work-life balance practices. These efforts enable employees to perform effectively while reducing risk factors that could impact their quality of life. In addition, Sikarin has implemented measures to assess and manage human rights risks through the Human Rights Due Diligence (HRDD) process to ensure that its business operations, including its entire supply chain, align with human rights and fair labor standards.

Sikarin Public Company Limited supports the principles of Diversity, Equity, and Inclusion (DE&I) by implementing non-discriminatory recruitment and promotion policies to provide equal opportunities for all individuals, regardless of gender, age, race, religion, or physical ability. In addition, the Company has introduced programs to enhance understanding of equity and acceptance of differences, as well as established employee networks that support diversity, with the goal of fostering an open and inclusive organizational culture that empowers all employees to grow alongside the Company.

Proportion of total female employees
84.78%
Proportion of female employees in top management position
36.84%
Proportion of female employees in middle management position
73.75%
Proportion of female employees in management position
83.72%
Proportion of female employees in employee position
85.43%

Sikarin Public Company Limited places great importance on protecting labor rights and ensuring employee security. The Company has implemented independent mechanisms for gathering employee feedback and suggestions, including safe and confidential channels for lodging human rights and labor-related complaints. These systems ensure that any issues or complaints are handled appropriately and fairly. Furthermore, the Company conducts supplier audits across the supply chain to ensure that business partners comply with labor and human rights standards.

The Company has set clear goals to prevent and control human rights violations, aiming for zero cases in which Sikarin is found at fault (Zero Human Rights Violation). Additionally, the Company seeks to raise awareness of human rights across all departments and related stakeholders. Strategies and action plans have been clearly defined and translated into key performance indicators (KPIs) within the State Enterprise Performance Appraisal system, as well as at the organizational and departmental levels. Progress is regularly reported to the Sustainability Governance Committee on a quarterly basis.

Sikarin Public Company Limited is committed to conducting business in accordance with human rights principles and fair labor practices, with respect for employee dignity, workplace safety, and organizational equity. The Company continuously audits its supply chain to ensure that business partners operate ethically. Sikarin believes that prioritizing human rights and fair labor practices fosters a strong organizational culture, builds stakeholder trust, and drives sustainable organizational growth.

Sikarin Public Company Limited is committed to conducting business in accordance with fair labor standards, aligning with the International Labour Organization (ILO) guidelines and other internationally recognized labor practices. The Company emphasizes fair labor management, compliance with Thai labor laws and international standards, fair compensation management, employee health and safety, and the promotion of freedom of association.

The Company has established a fair and industry-aligned compensation structure, ensuring compliance with legal minimum wage standards. Compensation is determined based on employees’ experience, abilities, and performance, ensuring fairness and adequacy for a sustainable livelihood. In addition, Sikarin provides comprehensive employee benefits, including health insurance, accident insurance, annual health check-ups, emergency financial assistance, and programs to enhance employees' quality of life.

The Company implements occupational health and safety measures in accordance with ISO 45001 standards and Thai labor laws to ensure a safe working environment, reduce accidents, and prevent impacts on employee health. Regular safety training is provided, and employees’ mental health is promoted through expert consultation programs. In addition, a formal safety policy is in place, prioritizing the health and well-being of employees at all levels.

Sikarin Public Company Limited supports employees' freedom of association in accordance with ILO Principle 7. Employees are free to join groups or professional associations without any impact on their employment status. The Company encourages channels for employees to express opinions regarding working conditions, remuneration, and benefits to ensure fairness and transparency in human resource management. Participation in associations must, however, comply with the Company’s rules and code of conduct.

The Company prioritizes Diversity, Equity & Inclusion (DE&I) by promoting equality in recruitment and employee development. A non-discrimination policy is enforced in the workplace, ensuring equal access to job opportunities and career advancement regardless of gender, age, race, religion, or physical ability.

The Company runs employee development programs covering all levels, from new hires to senior management. These programs include technical skill training, management skill development, and leadership programs aligned with employees’ career paths, aiming to motivate personnel and enhance the Company’s competitive capability.

The Company values the importance of work-life balance by implementing flexible working hours, supporting leave policies, and providing benefits that allow employees to care for their families appropriately, such as parental leave and health promotion programs. Sikarin believes that supporting work-life balance enhances employee satisfaction and work performance.

The Company has established independent and confidential grievance systems, allowing employees to report labor issues without fear of repercussions on their employment status. Internal labor standard compliance audits are conducted regularly, and labor performance results are disclosed in the Company’s annual sustainability report.

The Company regularly audits suppliers' labor standards to ensure that business partners adhere to fair labor practices, respect human rights, and do not engage in child labor or forced labor. In cases of violations, the Company will implement corrective actions or may consider terminating the partnership.

The Company is committed to maintaining employees' quality of life through fair compensation, safe working conditions, and career development opportunities. Sikarin also aims to reduce the employee turnover rate and improve employee satisfaction through annual surveys.